Project Portfolio Management Master Class

The Project Portfolio Management Master Class will be held November 9-10, 2017 at the Loews Philadelphia Hotel in Philadelphia, PA. The course is being led by Dr. Richard Bayney, President & Founder of Project & Portfolio Value Creation.

The Master Class will be held in conjunction with the 15th Annual Strategic Resource Management and 12th Annual Portfolio Management conferences, taking place November 6-8, creating a five-day event covering the topics most important to you (see Conference At A Glance).


  • This class begins with well-founded economic and portfolio theory, and quickly moves to practical training in portfolio value maximization using Excel add-in optimization software.
  • Economic principles learned in the master class can be used during preparations and analysis for portfolio reviews and executive decision-making right away.
  • Unlike other courses that focus on value creation and project prioritization, this master class utilizes a comprehensive approach to value maximization using cutting edge portfolio methodologies within a holistic portfolio management framework – CREOPMTM.
  • Learn how to shape the strategic and financial goals of your company by using compelling and actionable portfolio analysis to influence corporate decision-makers.


  • The CREOPMTM framework, a proven, step-by-step approach to positioning R&D portfolios for short-, medium-, and long-term success.
  • Categorize project and program investments into non-discretionary and discretionary buckets.
  • Analyze Risk and assess overall probability of success.
  • Evaluate assets using four critical drivers – benefit, risk, cost, time.
  • Optimize portfolios to make the best use of constrained budgetary and human resources.
  • Prioritize projects using quantitative and qualitative decision criteria.
  • Manage risk, resources and stakeholders and improve decision-making under conditions of risk and uncertainty.


Pharmaceutical and biotech industry professionals involved in:

  • Research
  • Clinical Development
  • Project, Program & Portfolio Management
  • Resource Management
  • Marketing
  • Licensing & Business Development
  • Finance

8:00 am Registration
8:30 Session 1: Overview, Goals, Survey Results
9:30 Session 2: Decision-making under Risk and Uncertainty
10:30 Coffee Break
10:45 Session 3: CREOPM
12:00 Lunch
1:00 Session 4: Financial Valuation
2:30: Refreshment Break
2:45 Session 5: Project Prioritization
4:00 Session 6: Portfolio Optimization (I)
5:30 pm End of Day One

8:00 am Morning Coffee
8:30 Session 7: Portfolio Optimization (II)
10:00 Coffee Break
10:15 Session 8: Portfolio Management Capability Maturity Models
11:00 Session 9: Strategic, Portfolio, & Business Plans
11:30: Q&A
12:00 pm End of Master Class

The 15th Annual Strategic Resource Management and 12th Annual Portfolio Management takes place Mon-Wed before the Master Class, creating a five-day event covering the topics most important to you (see Conference At A Glance).


Richard BayneyDr. Richard Bayney is President & Founder of Project & Portfolio Value Creation, a consulting boutique providing training and education in project, program, portfolio, resource, and risk management as well as client services in strategic, business, and portfolio planning. He is an adjunct faculty member at the University of Pennsylvania. Dr. Bayney is a 23-year veteran of the Pharmaceutical & Biotechnology industry at Merck & Co., Bayer Corp. and AG, Bristol-Myers Squibb, and Johnson & Johnson Pharmaceutical Research & Development. He obtained his M.Sc. and Ph.D. from University of London, MBA from Columbia University, and PMP from the Project Management Institute. In his last corporate position, Dr. Bayney was Head of Decision Analysis & Portfolio Management at Johnson & Johnson Pharmaceutical Research & Development.

Group Discounts and NIH/Government Discounts Available! Special rates are available for multiple attendees from the same organization and for NIH/Government employees. For more information on group and government discounts contact David Cunningham at 781-972-5472

Training Seminar delegates will receive one complimentary e-book of Enterprise Project Portfolio Management by Richard M. Bayney, Ph.D.

Complimentary with Registration

Each attendee will receive a complimentary e-book of ‘Enterprise Project Portfolio Management: Building Competencies For R&D And IT Investment Success’, the definitive guide to Project Portfolio Management written by Dr. Richard Bayney and Ram Chakravarti (J. Ross publishers, 2012).


For questions about this year's event, please contact:

Bridget Kotelly
Conference Producer
Cambridge Healthtech Institute (CHI)
T: (+1) 781-972-5404